News
China's wellness industry is booming. After yoga, mindfulness is the latest trend. Mindfulness apps and meditation centers are vying for the Chinese's inner peace. The government hopes spiritual self-help will ease the burden on its poorly developed healthcare system. However, no movement is allowed to become as big as Falun Gong.
By Fabian Peltsch
The company HT Aero plans to introduce a flying car to the market soon. In other words, a vehicle that is both capable of driving on the road and flight. What sounds like science fiction is now being pushed forward not only in China, but by carmakers worldwide. In China, however, the development pressure is the highest due to overcrowded cities.
By Frank Sieren
In parallel to its ambitions for establishing a globally leading electric vehicle (EV) sector, China is also kicking off its industrial plans for developing a competitive hydrogen sector. Especially fuel cell (FC) technology for commercial vehicles has great potential. The official targets imply a huge market that well-prepared foreign players might tap into in the next decade.
By Redaktion Table
Meng Hongwei, China's first Interpol chief, was arrested for corruption three years ago. In an interview, his wife now claims that it was actually all about a power struggle: Her husband had been pushing for change. Beijing responded by arresting him.
By Jörn Petring
China continues to expand the usage of its digital central bank currency. With the state-owned e-yuan, Beijing wants to curb the financial power of private companies like Alipay. In the long term, it wants to push the internationalization of the yuan. Central bank chief Yi Gang now revealed the first details of these goals.
By Frank Sieren